Our 2015 economic growth forecasts positive—despite Aquino’s crimes

WE must thank God that despite the corruption and incompetence of the Aquino administration, most experts local and international still see our country posting high GDP growth rates in 2015.

Just before Christmas Day, a Moody’s Investors Service analysis of the Philippine economy was released. It says that domestic growth is being hamstrung by the Aquino administration’s weak use of its budget.  This veritably endorses our critical viewpoint that the Aquino administration is both incompetent and corrupt. Incompetence prevented officials from making use of the huge funds they have to keep projects running and jobless people employed. It is also corruption because the high officials who should have pushed for faster and more government spending, officials including President Aquino himself, precisely withheld the use of taxpayers’ money in 2014 so that they could use it to bankroll the 2016 election campaign in favor of the presidential, senatorial and congressional candidates of the ruling Aquino-Mar Roxas-Liberal Party.